Little Neck, New York, NY—11363
Real Estate Data & Market Trends
Key Metrics at a Glance
Other Zip Codes in Little Neck, New York, NY
Home Price Trends — Little Neck, New York, NY
As of Oct '25, the median home price in Little Neck, New York, NY is $1,089,000, with a year-over-year change of 6.6%. This indicates that home prices in Little Neck, New York, NY are increasing. According to Zillow, the 1-year price projection is 2.0%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $1,089,000 | 6.6% |
| Single Family | $1,189,000 | 6.3% |
| Condos | $438,000 | 7.4% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | $1,029,000 | 6.9% |
4 Bed | $1,313,000 | 5.8% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Little Neck, New York, NY
As of July '25, Rentcast reports the average rent in Little Neck, New York, NY is $3,280, with a year-over-year rent change of 21.0%. Per bedroom, the median rent as of July '25 in Little Neck, New York, NY is studios: $2,920, 1-bedrooms: $2,940, 2-bedrooms: $3,960, 3-bedrooms: $3,500, 4-bedrooms: $5,600. The most common rental property sizes in Little Neck, New York, NY are 1-bedroom and 2-bedroom, accounting for 42.8% and 32.1% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $3,120 | $3,280 |
| Studio Rent | $3,120 | $2,920 |
| 1 Bed Rent | $2,570 | $2,940 |
| 2 Bed Rent | $4,600 | $3,960 |
| 3 Bed Rent | $3,500 | $3,500 |
| 4 Bed Rent | $5,600 | $5,600 |
% of Rental Stock
Property Listings — Little Neck, New York, NY
As of Oct '25, Realtor.com reports that the median days on market for a home in Little Neck, New York, NY is 100. This is a increase of 7.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 26.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $1,360,000 | 0.0% |
Listing Count | 38 | 43.0% |
| Listings as % of Homes | 0.7% | 43.0% |
Days on Market | 100 | 7.0% |
Demographics — Little Neck, New York, NY
As of the latest ACS Survey released in 2023, Little Neck, New York, NY has a population of 7,520, which has increased by 8.1% over the past 5 years. Little Neck, New York, NY is a moderately popular place for families, as children make up 20.3% of the population. The area has a highly educated workforce, with 54.9% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 20.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 7,520 | 8.1% |
% Under 18 | 20.3% | 7.4% |
% Seniors | 25.7% | 19.0% |
% WFH | 20.9% | 553.1% |
% w/ College Degree | 54.9% | 0.5% |
As of the latest ACS Survey released in 2023, Little Neck, New York, NY is a predominantly white area, with 53.9% of the population identifying as white. The white population has grown by 6.1% in the last 5 years. The second most common race or ethnicity in Little Neck, New York, NY is asian, making up 28.9% of the population. Foreign-born residents account for 29.1% of the population in Little Neck, New York, NY, and this percentage has decreased by 10.7% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 53.9% | 6.1% |
% Black | 0.5% | -72.2% |
% Hispanic | 12.3% | -6.1% |
% Asian | 28.9% | -11.3% |
% Foreign Born | 29.1% | -10.7% |
Mortgage and Risk — Little Neck, New York, NY
According to HUD data as of 2023, there were 57 mortgage originations in Little Neck, New York, NY, of which 96.0% of loans were conventional mortgages. The average loan-to-value was 56.0%, with 0.0% above 90% LTV (normal). This implies small mortgage risk in Little Neck, New York, NY. Investor activity is low, as 0.0% of loans were by investors. 9.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 57 |
% Conventional Loans | 96.0% |
% Government Loans | 4.0% |
% Investor Loans | 0.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 9.0% |
Loan Activity
Rentals and Section 8 — Little Neck, New York, NY
As of 2024, the percent of homes in Little Neck, New York, NY under the Section 8 program is 0.2%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 1-bedroom and 3-bedroom units appear to be good home sizes to consider for Section 8 housing in Little Neck, New York, NY, because HUD payments exceed market rent, while 2-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 5 |
Total Units Section 8 | 5 |
% Rentals under Section 8 | 0.2% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $600 | $2,570 | $3,170 |
| 2 Bedroom | -$1,090 | $4,600 | $3,510 |
| 3 Bedroom | $870 | $3,500 | $4,370 |
| 4 Bedroom | -$880 | $5,600 | $4,720 |
Affordability — Little Neck, New York, NY
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 8.8 |
| Median Home Price | $1,089,000 |
| Median Household Income | $111,000 |